Fastest Growing Tech Startups
Fastest Growing Tech Startups
In this age of technology, tech startups are a dime a dozen. Of course, most startups never really get past the startup stage. There are others that do go on to become successful businesses, but only a few make it really big. With technology being such a popular and fast-growing industry more startups come from the tech industry than any other. So which tech startups have seen the best results over the last several months and which ones are already well on their way to becoming a huge success?
This company has experienced average sales growth of 52 percent over the last three years. Grubhub delivers food from 50,000 restaurants in more than 500 cities. As home shopping continues to increase in popularity, Grubhub will likely continue to see positive results.
Arista Networks makes networking equipment for large data centers and the company is really gaining momentum. Arista is already making a big impression in the 100-gigabit network switch market and competitors are feeling its pull. The company has reached a 30 percent share of the market as it continues to take market share from big names like Cisco. It has seen average sales growth of 46 percent over the last three years.
As more companies turn to outsourcing options for payroll and HR, this market continues to grow. Paycom is taking advantage of the trend by offering software for both HR and payroll needs. Like Arista Networks, they have experienced a 46 percent growth average for three the last years.
Mortgage software company Ellie Mae has seen a 43 percent growth average with its software that automates the mortgage process for smaller lenders in the U.S. The company has found much success in compiling income history, titles, appraisals, and other items, since independent mortgage and home lending companies have increased.
While most people make fun of snail mail, the fact is the mailing industry is still viable and necessary. To that end, Stamps.com has found success by offering internet-based shipping and mailing services. With a three-year average growth of 42 percent, it appears customers still appreciate this service.
The “cloud” is now part of just about every industry. Storing information and data files in a virtual network is now the norm for the majority of companies, both large and small. Veeva Systems has focused its cloud software on the Life Sciences industry and has enjoyed average sales growth of 37 percent.
For companies that need solutions for network visibility management Gigamon has been very successful over the last three years. The company has experienced 31 percent average sales growth.
We hope you found this article about “Fastest Growing Tech Startups” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
It’s been the cry of democratic lawmakers and many of the less fortunate for years: “We need to tax the wealthy even more.” “The rich have to pay their fair share of taxes, too.” The problem is the rich already pay a huge portion of the country’s tax bill, and in fact, despite those common…
Although it’s true that the ultra-wealthy are heavily taxed, and in many cases unfairly, there are also some tax break advantages that favor the upper class more than those in the middle. Let’s take a look at some of these breaks. * Mortgage Interest – this deduction is available to all; however, because it is…
It seems that no tax is a bad tax when it comes to the “left” side of the government. It’s a well-known fact that the wealthiest Americans pay the largest portion of the country’s taxes. However, there are some government leaders that lean “right” who still think that the rich already pay more than their…
Have you ever wondered what wealthy democrats do when tax laws they support and vote for come back to apply to them? Although people typically associate being wealthy with republicans, there are plenty of rich democrats in the nations’ capitol as well. So just what do they do when the taxes they push so…